The exact details of the deal has not been disclosed by either...
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India sees normal monsoon rainfall some states drenched others parched
Of the 36 states and union territories for which the IMD provides...
Trump tariffs to impact 55% of total Indian merchandise Exports To US, banks start scrutinising exporters
Lenders are asking borrowers more pointed questions when vetting...
LIC secures 107th position in Fortune Global 500 list
Life Insurance Corporation(LIC) is celebrating its 67th anniversary on Friday. With 13.47 lakh agents, LIC has taken many customer-centric initiatives and digital initiatives besides improving pricing and creating operational efficiencies Mumbai: With total 27.74...
GDP grows at 7.8 pc in Apr-Jun, India remains fastest growing economy
The expansion in ‘financial, real estate and professional services’ GVA was 12.2 per cent, up from 8.5 per cent in the year-ago quarter New Delhi: India recorded an economic growth rate of 7.8 per cent in the April-June quarter of 2023-24 and remained the fastest...
IRDAI allows modifications in some closed life products
The move will help the life insurers to provide enhanced flexibility while ensuring that policyholders benefits are not adversely impacted, the life insurers had told the IRDAI Hyderabad: The IRDAI has now allowed the life insurers to modify some of their products...
CJI warns lawyers, litigants about fake SC website created for phishing attacks
D Y Chandrachud, Chief Justice of India The top court has also issued a public notice and asked the public to neither click nor share any website links they receive without verifying their authenticity New Delhi: Chief Justice of India D Y Chandrachud on Thursday...
NCLT reserves order on Torrent Investent’s plea against lenders on bidding
In its appeal, Torrent Investment said the matter is pending with the Supreme Court and if the tribunal approves IIHL's Rs 9,650 crore resolution plan it will become infructuous if the apex court rules against the Committee of Creditors (CoC) decision on the extended...
Mukesh Ambani in talks with head hunters for spotting Jio Insurance CEOs
Mukesh Ambani,Chairman,Reliance Industries Limited Korn Ferry and Spencer Stuart Inc. are among the firms that have held talks with representatives from the petrochemicals-to-consumer conglomerate, the people said. Jio Financial will look to hire a chief executives...
Insurers have to provide key details of health policies separately to customers: IRDAI
The separate information sheet accompanying a health insurance policy has to be also signed by the customer before policy is getting issued by the insurer Hyderabad: Further streamlining the customer friendly features in a health insurance policy, segment regulator...
Compensation claims in road accidents need not be proven like criminal cases: HC
“A holistic view of the evidence has to be taken into consideration by the tribunal and strict proof of an accident caused by a particular vehicle in a particular manner need not be established by the claimants. The claimants have to establish their case on the...
DFS asks GIPSA to include GIC Re and AIC as its members
The move by the DFS has come at a time when GIC Re had already expressed its desire to the DFS to be treated separately from the rest of PSU general insurers in some areas particularly deciding wages and allowances of its employees New Delhi: The Department of...
India braces for driest August since 1901 amid intensifying El Nino
Normal rainfall is critical for India's agricultural landscape, with 52 per cent of the net cultivated area relying on it. Additionally, it plays a crucial role in replenishing reservoirs essential for drinking water and power generation throughout the country. New...